60 participants, 12 teams, 3 projects selected … DARE - Disrupt, Act, Risk to be an Entrepreneur - the open innovation professional development program for LVMH staff, is back! The second edition, dubbed 'DARE Green', is dedicated to environmental challenges, inviting participants to transform their ideas into full-fledged business plans. Follow highlights during three days of intensive creativity and innovation.
Centered on the theme of the environment, this new edition of DARE follows a celebration to mark the 25th anniversary of the LVMH Environment Department on September 20th.
DARE Green, the second edition in the DARE program, welcomed 60 participants from some 20 LVMH Maisons, along with 15 students. As for the first edition, this initiative challenges LVMH staff to try new ways of collaboration inspired by a startup spirit in order to co-create innovative projects that support sustainable development.
DAY 1The first day kicked off with pitch sessions. Twelve of the 35 projects submitted were selected by the participants and 12 teams were formed, each including one or two of the students.
LVMH - Moët Hennessy Louis Vuitton SA published this content on 10 October 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 October 2017 15:44:03 UTC.
Original documenthttps://www.lvmh.com/news-documents/news/dare-green-live-highlights/
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LVMH Moët Hennessy Louis Vuitton SE is the world leader in luxury products. Net sales break down by family of products as follows:
- fashion and leather items (48.9%): brands such as Louis Vuitton, Kenzo, Celine, Fendi, Marc Jacobs, Givenchy, etc.;
- watches and jewels (12.8%): Bulgari, TAG Heuer, Zenith, Hublot, Chaumet, Fred brands, Tiffany, etc.;
- perfumes and cosmetics products (9.6%): perfumes (Christian Dior, Guerlain, Loewe, Kenzo brands, etc.), makeup products (Make Up For Ever, Guerlain, Acqua di Parma, etc.), etc.;
- wines and spirits (7.7%): champagnes (Moët & Chandon, Mercier, Veuve Clicquot Ponsardin, Dom Pérignon brands, etc.; No. 1 worldwide), wines (Cape Mentelle, Château D'Yquem, etc.), cognacs (mainly Hennessy; No. 1 worldwide), whisky (mainly Glenmorangie), etc.;
The remaining sales (21%) are from selective distribution through the Sephora, DFS, Miami Cruiseline chains and Le Bon Marché and La Samaritaine department stores.
At the end of 2023, products are marketed via a network of 6,097 outlets located throughout the world.
Net sales are distributed geographically as follows: France (7.9%), Europe (16.4%), Japan (7.3%), Asia (30.8%), the United States (25.3%) and other (12.3%).
LVMH 
